SmartForce enters strategic relationship with Exult

E-learning company SmartForce has entered into a strategic relationship with Exult (Nasdaq: XLT) to deliver advanced e-learning solutions to the Global 500.

The six-year deal is expected to have a value of between $17m and $28m.

Under the terms of the agreement, SmartForce e-learning will be integrated into Exult's eHR service offering to allow Exult's clients to make SmartForce e-learning solutions available across their enterprises.

Exult will be able to access new SmartForce offerings as they are added to the solution. Exult is a provider of HR business process outsourcing services